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Too Many Loans

from Larry Brooks of the NY Post,

Slap Shots has been told by a well-placed individual familiar with the thinking on Sixth Avenue that the NHL will look into the circumstances behind the loan from AEG to Del Baggio, and loans of up to $20 million to Del Baggio from outgoing Nashville owner and current Minnesota owner Craig Leipold.

Think of it. Had Del Baggio remained a part of the group purchasing Nashville, the Kings and the Wild would have had a financial investment in the Predators, and apparently without the knowledge of Gary Bettman or any other member of the Board of Governors.

Reporters from The Tennessean have done a remarkable job in uncovering details of the entangling financial alliances among those invested in the sale of the Predators, one of the NHL’s chronic problem franchises.

read on

Filed in: NHL Teams, Los Angeles Kings, Minnesota Wild, Nashville Predators | KK Hockey | Permalink
 

Comments

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I voted my approval for Brooks in the media poll that ran the other day.  This is him at his best, from the Miles Davis reference in the headline to holding Gary Bettman’s feet to the fire while finding a way to get in a dig about the lockout, to the zinger about Green Bay and Mats Sundin.

Great read on a Sunday morning.

Posted by Dave on 08/03/08 at 09:31 AM ET

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thank god their is member of the hockey media that makes bettman accountable.

Posted by FlyersFan on 08/03/08 at 11:22 AM ET

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And yet the Preds STILL got a percentage of the Wings’ and the Pens’ playoff revenues?????!?

[rages]

Posted by SYF from Las Vegas, NV on 08/03/08 at 12:46 PM ET

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Yeah Preds!

Posted by Predneck from Hicktown on 08/03/08 at 08:11 PM ET

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Brooks being a pro-players union anti-ownership guy really does come through this time.

He should be feasting on all of this information that comes out about this even moreso than this.

Posted by HockeyJoe from NY on 08/04/08 at 08:35 AM ET

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Paul Kukla founded Kukla’s Korner in 2005 and the site has since become the must-read site on the ‘net for all the latest happenings around the NHL. 

From breaking news to in-depth stories around the league, KK Hockey is updated with fresh stories all day long and will bring you the latest news as quickly as possible.

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